Expensify Reports Q3 Revenue of $33 Million and Provides 2026 Free Cash Flow Guidance
Expensify (EXFY) reported third-quarter revenue of $33 million, supported by an average of 630,000 paid members. The company achieved operating cash flow of $4 million and free cash flow of $3.3 million during the period, despite reporting a GAAP net loss of $3.3 million. Looking ahead, management provided optimistic long-term guidance, signaling projected free cash flow between $13.5 million and $15.5 million for 2026. Additionally, the company noted that New Expensify Annual Recurring Revenue (ARR) has surpassed $13 million, indicating growth in its updated product offerings.
Topics: cash flow membership numbers net loss revenue